RE: WHICH WILL IT BE? Possibly BOTH at the same point in time.
Price would go into severe backwardation, actual physical gold would be $3000, but at the same time, the gold paper market (borderline criminal) would go into backwardation to $1000 or less because most will have figured out that the paper contract is just that, a piece of paper.
Also, Bitcoin will have turned to vapour when other competeing online currencies start to multiply ie. Gigacoin,
Bytecoin, Dotcoin, Clickcoin, Mousecoin, etc, etc.............................................................